Technical Analysis of Financial Markets

Sunday, August 31, 2008

J. Crew Group, Inc. (JCG)


Having declined 100% within the last 4-month period, US apparel and accessories retailer is seemingly finding support at the $25 level; a level last seen since July-September 2006 during the IPO. An entrance into a buy position with stop on close below $25 may serve as low-risk trade. Cramer Likes J. Crew

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